• Loan originations of $1.4 billion, up 18% on PCP
• Closing loan portfolio of $2.5 billion, up 19% on PCP
• Cash NPAT of $13.8 million, up 126% on PCP

Plenti Group Limited (Plenti) has reported its full year results for the year ended 31 March 2025 (FY25). The company delivered strong financial and operational performance, with Cash NPAT growing 126% to $13.8 million and loan originations increasing 18% to $1.4 billion. Plenti's diversified loan portfolio grew 19% to $2.5 billion, driven by growth across its Automotive, Renewable Energy and Personal Lending verticals. The company also made significant advancements to its proprietary technology platform, including enhancements to automated credit approvals and integrations with key partners. Plenti completed three ABS transactions during the year for a record annual issuance of over $1.3 billion, and expanded and diversified its investor base. The company's credit performance remained robust, with a net loss rate of 1.10%. Plenti also launched successful strategic initiatives, including a loan subvention program with Tesla and the 'NAB powered by Plenti' car loan, which has seen accelerating volumes. The company has refreshed its corporate strategy, with a focus on disciplined, profitable growth in its core lending verticals.

Plenti's objectives for the year to 31 March 2026 are to achieve a loan book of $3 billion, continue to drive meaningful Cash NPAT growth, and deliver previously communicated $25 million of efficiency as the loan portfolio scales towards $3 billion, with an operating cost base of ~$69 million or less in FY26.

Plenti will pursue a 'breakout' growth strategy across three distinct horizons. In Horizon 1 (Jan 2025 to Mar 2026), the company will focus on further uplifts to its customer and partner experiences, and aims to achieve a loan book of $3 billion by March 2026, providing a strong foundation for the pursuit of a $5 billion loan book in the medium term.